Ethan Hayes·Oct 25DuPont Analysis: Taking Return on Equity Apart to See What’s Really Driving ItReturn on equity is one of the most quoted numbers in equity research, and one of the easiest to misread. A high ROE sounds like a sign of…
Jay Skywalker·Oct 23Day 2 — Studying for an exam vs studying to understand.So I asked mutuals on Twitter to indulge me on a 30-day personal experiment: they'll ask me questions about topics I have tweeted about in…
Chris Ng·Aug 24I Could Make Money but Had No Idea How to Keep It. So at 27 I Started Studying for the CFA.It’s a career credential for a job I don’t want. I’m doing it anyway.
Ethan Hayes·Aug 22The CFA Statistics Question That Made Me Realise I Did Not Understand ProbabilityOn conditional probability, Bayes’ formula, and why the exam tests these so precisely
Ethan Hayes·Aug 16The Three Numbers That Determine Whether a Pension Is ImmunisedThe first time I read about immunisation in the CFA Level 3 curriculum, I thought I understood it. Match the duration of your bonds to the…
